Moderna has said it was expecting to post $18.4 billion in sales from its Covid vaccine this year.
Pfizer, which makes the only other vaccine authorised for emergency use in the US so far, said earlier this month that it was expecting to record sales of about $15 billion in 2021 from its vaccine.
Moderna said it was expecting to produce 700 million doses in 2021, while attempting to scale up production to as much as 1 billion doses, according to Reuters.
Both the pandemic and the climate crisis demonstrate why we need a new social contract between old and young, writes London School of Economics director, Minouche Shafik.
Covid-19 continues to bring many inter-generational tensions to the fore. Older people bear the brunt of the disease’s impact on health; younger people have to make economic and social sacrifices to protect them. But the pandemic is just one reason why the social contract between…